Cloud music inc. reports fiscal year 2022 financial results

Hangzhou, china , feb. 23, 2023 /prnewswire/ -- cloud music inc. (hkex: 9899, "netease cloud music" or the "company"), a leading interactive music streaming service provider in china, today announced its financial results for the fiscal year 2022 ended december 31, 2022. summary of key financial and operating metrics (rmb in thousands, unless otherwise stated) year ended 31 december 2022 2021 (unaudited)  (audited) financial metrics revenue 8,992,221 6,997,622 gross profit 1,293,118 142,674 loss before income tax (204,479) (2,051,423) loss for the year (221,494) (2,056,092) non-ifrs measure: adjusted net loss(1) (114,573) (1,043,712) operating metrics online music services -maus (million) 189.4 182.6 -monthly paying users (million) 38.3 28.9 -monthly arppu (rmb) 6.6 6.7 social entertainment services -monthly paying users (thousand) 1,332.3 683.3 -monthly arppu (rmb) 326.0 448.1 fiscal year 2022 key financial and operating highlights revenue was rmb9.0 billion, an increase of 28.5% compared with rmb7.0 billion in 2021.
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